The FWC's minimum wage review should order an increase that exceeds inflation, providing a real wage rise for the lowest paid, according to UWU national secretary Tim Kennedy.
Multi-year enterprise agreements, flaws in the "standard" Wage Price Index measure and public sector pay caps partially explain recent low wages growth, which would otherwise have been up to one percentage point higher last year, according to new university analysis.
Agreements filed with the FWC for approval in the first half of February delivered an average pay rise of 3.1% a year, according to "real-time" data released this morning.
Private sector rates of pay increased to 3.6% annually in the December quarter, up from 3.4% in the previous three-month period, according to the ABS, but relatively low public sector rises have restricted the economy-wide movement to 3.3%.
Wages in private sector agreements approved in the September quarter remained stuck at 2.9% a year, defying labour shortages and inflationary pressure, according to DEWR data.
Enterprise agreements filed with the FWC in the fortnight to November 18 paid average annualised wage increases of 3.4%, substantially outpacing the 2.8% rises in DEWR's data for June quarter agreements but well below consumer price inflation of about 7%.
The gender pay gap is stuck at 22.8%, while more than 40% of employers that analysed the disparity between men's and women's pay in their workplaces over the past year took no action, according to the Workplace Gender Equality Agency's latest scorecard.
As inflation continues to rise at about 7%, annual wage increases have dropped to just 2.2% in the latest fortnightly batch of "real-time" enterprise deals analysed by the FWC, due to health and welfare agreements paying an average of 2.1% a year.
Enterprise agreements filed with the FWC in the fortnight to October 21 paid average annualised wage increases of 3.5%, substantially outpacing the 2.8% rises in DEWR's data for June quarter agreements but well below the 7.3% rate of consumer price inflation.